RWC Asset Advisors (us) LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed September 3, 2026), RWC Asset Advisors (us) LLC reported 16 stock positions worth $449.6 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 16.1% of the portfolio, followed by Quimica Y Minera Chil-SP ADR (SQM, 16.0%) and Petroleo Brasileiro-Spon ADR (PBR, 13.5%). Compared with Q1 2026, it opened 3 new positions, sold out of 1, added to 2 and reduced 8. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +76%) and the biggest sale Kanzhun Ltd. - ADR (BZ, shares −86%).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0001638081
- Portfolio Value
- $449.6M (Q2 2026)
- SEC Filing
- 0001398344-26-016564 ↗ filed Sep 3, 2026
Holdings Value
Holdings 16 stocks · $449.6M
| TSM Taiwan Semiconductor-SP ADR | 16.10% | 151,606 | $72.4M | Add +76.4% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 16.00% | 971,447 | $71.9M | Reduce -7.4% |
| PBR Petroleo Brasileiro-Spon ADR | 13.47% | 3,746,493 | $60.5M | Reduce -5.8% |
| EMBJ Embraer SA-Spon ADR | 11.76% | 828,621 | $52.9M | Reduce -9.1% |
| VALE Vale SA-SP ADR | 10.43% | 3,116,288 | $46.9M | Reduce -35.4% |
| GFI Gold Fields Ltd.-Spons ADR | 7.09% | 948,432 | $31.9M | Reduce -10.9% |
| GGAL Grupo Financiero Galicia-ADR | 5.76% | 517,540 | $25.9M | Add +52.2% |
| VIST Vista Energy Sab DE CV | 5.19% | 365,929 | $23.3M | New |
| INFY Infosys Ltd.-SP ADR | 4.84% | 2,074,133 | $21.8M | New |
| BABA Alibaba Group Holding-SP ADR | 4.04% | 189,415 | $18.2M | Reduce -6.8% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 2.72% | 268,671 | $12.2M | New |
| BZ Kanzhun Ltd. - ADR | 1.19% | 415,558 | $5.3M | Reduce -85.7% |
| CAAP Corp. America Airports SA filed as CORPORACION AMER ARPTS S A | 0.46% | 82,327 | $2.1M | No change |
| AERO Grupo Aeromexico Sab DE CV | 0.37% | 92,412 | $1.7M | No change |
| LOMA Loma Negra Cia Ind-Spon ADR | 0.37% | 144,315 | $1.7M | No change |
| SCCO Southern Copper Corp. | 0.22% | 5,594 | $975K | Reduce -34.4% |
Portfolio Sells Q1 2026 → Q2 2026
| BZ Kanzhun Ltd. - ADR | Reduce -85.7% | 1.19% | −7.19 |
| VALE Vale SA-SP ADR | Reduce -35.4% | 10.43% | −6.10 |
| PBR Petroleo Brasileiro-Spon ADR | Reduce -5.8% | 13.47% | −4.30 |
| GFI Gold Fields Ltd.-Spons ADR | Reduce -10.9% | 7.09% | −3.32 |
| SQM Quimica Y Minera Chil-SP ADR | Reduce -7.4% | 16.00% | −2.29 |
| BABA Alibaba Group Holding-SP ADR | Reduce -6.8% | 4.04% | −1.45 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.43 |
| SCCO Southern Copper Corp. | Reduce -34.4% | 0.22% | −0.10 |
| EMBJ Embraer SA-Spon ADR | Reduce -9.1% | 11.76% | +0.11 |
Portfolio Buys Q1 2026 → Q2 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $449.6M | TSM, SQM, PBR, EMBJ, VALE |
| Q1 2026 | 14 | $464.4M | SQM, PBR, VALE, EMBJ, GFI |
| Q4 2025 | 13 | $527.9M | SQM, VALE, EMBJ, GFI, BABA |
| Q3 2025 | 17 | $610.9M | BABA, NIO, VALE, GFI, BZ |
| Q2 2025 | 16 | $414.6M | GFI, LI, PBR, BABA, MELI |
| Q1 2025 | 19 | $549.0M | GFI, BABA, LI, PBR, MELI |
| Q4 2024 | 15 | $501.3M | GFI, LI, CX, PBR, BABA |
| Q3 2024 | 19 | $836.9M | BABA, GFI, MELI, PBR, CX |
| Q2 2024 | 18 | $980.4M | GFI, PDD, BZ, CX, MELI |
| Q1 2024 | 22 | $1.3B | GFI, CX, PBR, MELI, PDD |